QCP Experts Highlight Bitcoin’s Growing Role as a Safe-Haven Asset

Gold has soared to $3,500, yet Bitcoin “keeps pace,” reinforcing its status as a digital safe-haven asset, according to QCP Capital.

Asia Colour — 22 Apr 25

1/ Not everything that glitters is gold—some of it runs on blockchain. Gold surged past $3,500/oz overnight, marking a decisive move higher as investors flee U.S. equities, Treasuries, and the dollar amid rising concerns over Federal Reserve independence.

— QCP (@QCPgroup) April 22, 2025

The precious metal and the leading cryptocurrency are rising as capital continues to exit American stocks, government bonds, and the dollar. Additional investor anxiety stems from concerns over the independence of the U.S. Federal Reserve (Fed).

“Ongoing calls by [President Donald] Trump for rate cuts and reports that he may be exploring legal avenues to remove Fed Chairman [Jerome] Powell fuel fears of political interference in the institution, directing capital towards safe assets,” noted QCP analysts.

They highlighted several positive trends for cryptocurrency over the past day:

• the price reached highs not seen since the beginning of April;
• spot trading volumes exceeded those of the perpetual Bitcoin contract market;
• options show a persistent skew towards call positions;
• the “Coinbase premium” rose to multi-month highs;
• daily inflow into BTC-ETF amounted to $381.4 million.

“As capital rotates into safe havens and inflation-hedging assets, Bitcoin and gold emerge as key beneficiaries of the flight from dollar-linked risk,” the experts concluded.

In their view, the confrontation between Trump and the Fed will intensify, leading to further market volatility.

Back in April, QCP analysts noted the resurgence of digital gold as a safe-haven asset following Bitcoin’s surge above $87,000.